Having started its rise in the 2010s, fintech has changed the image of traditional financial services. With online banking, online investing, and online payments already existing, it has been only a matter of time for mortgage and loans to become digital products. They are becoming much more convenient than their traditional versions, more oriented at customers, and less time-consuming. And all these benefits are completed with the fact that millennials, one of the forces that powered the rise of fintech, are ready to become the target clients of the housing market. As the demand for mortgages is growing and the market orients at the digital users, online mortgage services aim to meet the needs of the present and replace traditional loan services.
Here, the essentials of an online mortgage software development are revealed: the pitfalls, recommendations, and best practices.
Full Article on how to build online mortgage service.